Lancaster, CA Real Estate News

By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
East Lancaster, California Real EstateWe here at the Gockel Group, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find East Lancaster real estate statistics for the last seven days.Total inventory today is: 166   Of these, the number that are short pays is: 51Number of homes entering the market in the last 7 days: 19   Of these, the number that are short pays is: 1Number of homes entering escrow in the last 7 days: 43Number of homes closing escrow (sold) in the last 7 days: 17   Of these, the number that are short pays is: 1Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 7See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends...
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By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
West Lancaster, California Real EstateWe here at the Gockel Group, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find West Lancaster real estate statistics for the last seven days.Total inventory today is: 227   Of these, the number that are short pays is: 73Number of homes entering the market in the last 7 days: 32   Of these, the number that are short pays is: 10Number of homes entering escrow in the last 7 days: 55Number of homes closing escrow (sold) in the last 7 days: 41   Of these, the number that are short pays is: 3Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 11See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trend...
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By Mark Sall, Broker Associate
(Keller Williams Realty-AV)
If you are a homeowner wanting to move up, this might help you make that decision. What is the definition of a move-up or repeat home buyer?The law defines a tax credit qualified move-up home buyer ("long-time resident") as a home owner who has owned and resided in a home for at least five consecutive years of the eight years prior to the purchase date. For married taxpayers, the law tests the homeownership history of both the home buyer and his/her spouse. Repeat home buyers do not have to purchase a home that is more expensive than their previous home to qualify for the tax credit. What types of homes will qualify for the tax credit?Any home that will be used as a principal residence will qualify for the credit, provided the home is purchased for a price less than or equal to $800,000...
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By Mark Sall, Broker Associate
(Keller Williams Realty-AV)
Please be very careful out there. We all know how many scams there are and they can be very clever. I hope you find this info useful. The first phase of the 2010 U.S. Census is under way as workers have begun verifying the addresses of households across the country.  Eventually, more than 140,000 U.S. Census workers will count every person in the United States and will gather information about every person living at each address including name, age, gender, race, and other relevant data. The big question is - how do you tell the difference between a U.S. Census worker and a con artist?  BBB offers the following advice: If a U.S. Census worker knocks on your door, they will have a badge, a hand held device, a Census Bureau canvas bag, and a confidentiality notice. Ask to see their identi...
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By Mark Sall, Broker Associate
(Keller Williams Realty-AV)
Please be very careful out there. We all know how many scams there are and they can be very clever. I hope you find this info useful. The first phase of the 2010 U.S. Census is under way as workers have begun verifying the addresses of households across the country.  Eventually, more than 140,000 U.S. Census workers will count every person in the United States and will gather information about every person living at each address including name, age, gender, race, and other relevant data. The big question is - how do you tell the difference between a U.S. Census worker and a con artist?  BBB offers the following advice: If a U.S. Census worker knocks on your door, they will have a badge, a hand held device, a Census Bureau canvas bag, and a confidentiality notice. Ask to see their identi...
Comments 1
By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
East Lancaster, California Real EstateWe here at the Gockel Group, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find East Lancaster real estate statistics for the last seven days.Total inventory today is: 177   Of these, the number that are short pays is: 48Number of homes entering the market in the last 7 days: 30   Of these, the number that are short pays is: 5Number of homes entering escrow in the last 7 days: 26Number of homes closing escrow (sold) in the last 7 days: 43   Of these, the number that are short pays is: 4Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 13See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trend...
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By Mark Sall, Broker Associate
(Keller Williams Realty-AV)
Have you noticed how much nicer Short Sale listings look in comparison to REO properties. Then why are they harder to sell? Good question. Up until recently, banks have been taking...3,4,5 or more months to get an answer. That's Nuts! Well, at least here in California, the banks are finally listening to the Real Estate Industry (except BofA) and are starting to respond. I  prefer selling Short Sales more than REO's because in many instances, they are move-in ready as the people are still maintaining the property and they are prices competitively with all other homes. The key word here is maintaining the property.If you can keep the property look good, you have a much better chance of selling it over the REO competition. I am always asked the difference between Short Sales and Foreclosur...
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By Scott Hoen, Carson City Clerk Recorder / Public Administrator
I found a Title Professional in the Antelope Vally of Southern California in the high desert from Fidelity National Title.  Frank Donato has a link on his website to look at the market reports for the Southern California Counties.  Great comparative information for consumers to look at within the communities they are looking to purchase or sell. Click here to check it out!
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By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
West Lancaster, California Real EstateWe here at the Gockel Group, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find West Lancaster real estate statistics for the last seven days.Total inventory today is: 242   Of these, the number that are short pays is: 87Number of homes entering the market in the last 7 days: 24   Of these, the number that are short pays is: 7Number of homes entering escrow in the last 7 days: 52Number of homes closing escrow (sold) in the last 7 days: 30   Of these, the number that are short pays is: 4Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 18See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends...
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By Mark Sall, Broker Associate
(Keller Williams Realty-AV)
I'm not one to look backward but 2007 kicked my butt. It took everything I had to stay afloat. It got to the point where I needed to take a full time job to survive. Having said that, I have been back full time in Real Estate. I HATE punching a clock! It seems that the old ways of getting clients has gone away and now I am learning all of the new technology to help my business grow. With the help of a friend and fellow Real Estate agent, Richard O'Brian, I ams slowly learning. I need to know what works best for you. Any feedback would be greatly appreciated. Thanks
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By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
East Lancaster, California Real EstateWe here at the Gockel Group, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find East Lancaster real estate statistics for the last seven days.Total inventory today is: 168   Of these, the number that are short pays is: 54Number of homes entering the market in the last 7 days: 21   Of these, the number that are short pays is: 4Number of homes entering escrow in the last 7 days: 36Number of homes closing escrow (sold) in the last 7 days: 20   Of these, the number that are short pays is: 1Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 12See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trend...
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By Mark Sall, Broker Associate
(Keller Williams Realty-AV)
Senate Banking Committee chairman Chris Dodd, D-Conn., went on the record Tuesday calling for a seven-month extension of the $8,000 first-time homebuyer tax credit, which is set to expire in five weeks. Chairing a hearing on the state of the housing market, Sen. Dodd said home prices are stabilizing but "we still need to use every tool at our disposal to try and fix this problem." The White House has yet to reveal its position on the extension. The Mortgage Bankers Association and other trade groups, predictably, support the extension. My guess is that Mr. Obama will endorse it. As soon as the Feds realize that what goes around, comes around, we will all be a lot better. Just think of it...encourage 1st time buyers to buy some of this foreclosure inventory, give them $8000 incentive and...
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By Mark Sall, Broker Associate
(Keller Williams Realty-AV)
Being from California, specifically the Palmdale and Lancaster area, loan modifications here might differ from other areas of the country.I recently went to a NACA (Neighborhood Assistance Corporation of America) convention here in LA. If you are like me, you have clients who ask for your help. Most of these families want to stay in there homes but for mulitple reason, the economy not withstanding, they are struggling to make their payments. NACA has a lobby that puts pressure on the lenders to work with these owners. I was extremely impressed with how the system works. After meeting with a representative of NACA and going through your numbers, they recommend what you can afford as a payment. Then you actually meet with a representative with your lender and work out a deal right on the ...
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By Mark Sall, Broker Associate
(Keller Williams Realty-AV)
Since moving to the Antelope Valley with my family in 1987, I have seen it grow from a small community of less than 100,000 residents to a thriving city of over 300,000. I have been an active member of the community, involved in youth sports as a coach and Board of Directors member, as a commercial business owner and as a supporter of elementary education, through the Palmdale Education Foundation, and as a founding sponsor of Keller Williams' adopted school, Eastside Elementary. I love being able to call Palmdale my home and raising my children here was the best decision I could have made for their future. Since becoming a Realtor in 2001, I have been fortunate to be consistently ranked in the Top 10 agents in both sales and listings. I bring my expertise and knowledge of the Antelope ...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Are you upside down on your home? Do you want help saving your home? Janet O'Brian short sale agent may be able to help you save your home. Janet O'Brian has the knowledge and expertise to help you. I'll give you with choices, you make the decision. Richard & Janet O'Brian Real Estate Agents in California work with buyers of all types, from first time, to investors, please let us work for you!   Call us today.  If you are looking for an aggressive Team to find and fight for the best deal call us or visit out website http://www.homesbyjr.com/.  Janet O'Brian is a Certified Short Sales Specialist and is ready to help you with your situation please visit her web-site.
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By Don Gockel, Realtor, Broker, GRI - Antelope Valley Real Estate
(NextHome The Gockel Group - Palmdale Lancaster Quartz Hill -)
East Lancaster, California Real EstateWe here at the Gockel Group, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find East Lancaster real estate statistics for the last seven days.Total inventory today is: 167   Of these, the number that are short pays is: 60Number of homes entering the market in the last 7 days: 26   Of these, the number that are short pays is: 8Number of homes entering escrow in the last 7 days: 53Number of homes closing escrow (sold) in the last 7 days: 25   Of these, the number that are short pays is: 2Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 8See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends...
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By Ryan Morrow, Ryan Morrow Branch Manager Sierra Pacific Mortgage
(Sierra Pacific Mortgage Company)
DU 8.0 changes are headed our way. One of the major changes will be to the DTI limits allowed on AUS desicion loans. 45% will be the standard with DU allowing up to 50% with strong compensating factors. If you are looking to buy this year you need to get with your loan officer very soon to make sure you are properly structured. Remember if you own a home already and want to buy a new primary you must qualify with both mortgage payments unless you currently have 25% + equity in your current home. With the new rules you will need to qualify for both mortgage payments and incude all other liabilities on your credit report and will not be able to exceed 45% of your gross monthly income. Dont delay, get qualifed to purchase and start looking today. From the time most buyers start looking unt...
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By Ryan Morrow, Ryan Morrow Branch Manager Sierra Pacific Mortgage
(Sierra Pacific Mortgage Company)
Ryan MorrowLoan OfficerFrost Mortgage Lending GroupPhone: (661) 992-2216Fax: (866) 890-0544ryan_morrow@frostmortgage.comwww.morrowmortgage.com   First Time Homebuyer and Seller Alert!Tax Credit Expires 11/30/09 - Don't Get Left Behind Unless you have either been under a rock for the past 12 months or you never work with first time homebuyers (FTHBs), you are no doubt aware the clock is ticking on the IRS tax credit for FTHBs. My purpose here is to give you some additional information on what you can do to move listings, motivate buyers, and more importantly close deals.General Points to Consider - Buyer and SellerThe expiration date of the tax credit is November 30, 2009. Close December 1, as of now, and any qualifying buyer will not receive the tax credit. With the 30th falling on the...
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By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
West Lancaster, California Real EstateWe here at the Gockel Group, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find West Lancaster real estate statistics for the last seven days.Total inventory today is: 245   Of these, the number that are short pays is: 84Number of homes entering the market in the last 7 days: 49   Of these, the number that are short pays is: 15Number of homes entering escrow in the last 7 days: 69Number of homes closing escrow (sold) in the last 7 days: 30   Of these, the number that are short pays is: 6Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 19See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trend...
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By Don Gockel, Realtor, Broker, GRI - Antelope Valley Real Estate
(NextHome The Gockel Group - Palmdale Lancaster Quartz Hill -)
East Lancaster, California Real EstateWe here at the Gockel Group, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find East Lancaster real estate statistics for the last seven days.Total inventory today is: 184   Of these, the number that are short pays is: 58Number of homes entering the market in the last 7 days: 27   Of these, the number that are short pays is: 6Number of homes entering escrow in the last 7 days: 49Number of homes closing escrow (sold) in the last 7 days: 22   Of these, the number that are short pays is: 3Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 17See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trend...
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